Civic Issues
The Chennai Corporation has tied up with Indian Overseas Bank, Canara Bank, ICICI Bank, IDBI Bank, HDFC bank, City Union Bank, Karur Vysya Bank and Axis Bank for collecting the property taxes in Chennai and other areas of the city. According to an authority of the Chennai Municipality, the property owners can use the net [...] Continue Reading »
The delay in execution of the construction of an 18-km Kakrigumma-Laxmipur road that is part of Ranchi-Vijayawada corridor has become a nightmare for commuters in the district. Only 40% of the Rs 36-crore road project has been completed so far. The project started in February 2010 was supposed to be completed by February 2012. The [...] Continue Reading »
As the Jaipur Development Authority is unable to start construction of the drainage system before the monsoon begins, water logging threat looms over city roads of Jaipur. According to a official, the JDA engineering wing has recently received approval for constructing proper drainage system on major city roads. However, as the tender process is delayed [...] Continue Reading »
BESCOM will help the BBMP to identify all the properties in Bangalore, which will help BBMP to find out all the property tax defaulters in the city. The BBMP will collect data available with BESCOM, based on electricity meter connections. BBMP has estimated that there are more than 22,000 apartment buildings in Bangalore with more [...] Continue Reading »
The standing committee has permitted to implement the new property tax rules for properties in Mumbai. Before, the property tax in Mumbai was calculated based on the rental value of the properties. In the new property tax system, the value will be based on the actual property value and not the rental value. In the [...] Continue Reading »
Punjab and Haryana high court has ordered to stop all construction work for projects in Mohali, mainly in the Patiala Ki Rao area. This order has stopped all construction activity in the Nada, Nayagaon, Karoran village. The High Court has also directed the district administration Mohali to submit a status report about illegal construction made [...] Continue Reading »
The Ooty municipal officials have disconnected water supply to at least six of the government buildings in Ooty town. This step has taken as those properties were failed to clear the property tax in stipulated time. The municipality has short-listed at least 18 government properties for which property tax has not yet been paid. Many [...] Continue Reading »
Total 44,701 property holders in Pimpri Chinchwad availed the benefit of property tax concessions given by the civic body for people who paid their tax for 2011-12 in advance before June 30. The property tax department offers three types of tax concessions to city property holders who pay their tax before June 30. 10% concession [...] Continue Reading »
The Gautam Budh Nagar district administration has proposed to hike the circle rates of property in Noida by 10-30%. The authority of the finance department has granted a preliminary approval to the new rates. Circle rate is the minimum rate at which stamp duty is charged on transaction of a property. And the authority has [...] Continue Reading »
Bruhat Bangalore Mahanagara Palike (BBMP) has identified sources from where it is losing revenue. In a survey to reassess buildings in tech parks for property tax at Mahadevapura revealed that the Palike has been cheated of crores by commercial and IT buildings, which do not pay tax according to the law. BBMP found that 10 [...] Continue Reading »
